2023 EUR to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 896.9285. Conversely, the yearly low was recorded on January 3, dropping to 188.0890.
This high-to-low spread represents a total annual volatility of 708.8395 ARS. From a start-to-finish perspective, comparing the January average rate of 196.4063 to the December average rate of 692.2170, the exchange rate registered a net change of 252.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 896.9285 was up 372.06% compared to the 2022 peak of 190.0048, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EUR to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 229.2250, compared to 410.3780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 181.1530 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 505.4819 ARS (High: 896.9285 / Low: 391.4465). On the other end, February was the most stable month, with a tight range of 6.2636 ARS (High: 208.7903 / Low: 202.5267).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.8215 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 692.2170) against the same month in 2022 (average: 182.5742), the exchange rate shifted by +509.6427 (+279.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 203.0931 | 188.0890 | 196.4063 |
| February | 208.7903 | 202.5267 | 205.2252 |
| March | 227.4333 | 209.7071 | 217.0512 |
| April | 245.3333 | 226.4673 | 236.5090 |
| May | 256.3245 | 243.9026 | 251.0075 |
| June | 280.0084 | 257.5635 | 269.1506 |
| July | 302.7246 | 278.1703 | 293.8378 |
| August | 382.3754 | 303.5436 | 350.4873 |
| September | 377.6819 | 367.6770 | 373.6358 |
| October | 373.5030 | 366.4606 | 369.8144 |
| November | 395.6454 | 370.4886 | 382.2756 |
| December | 896.9285 | 391.4465 | 692.2170 |